[ad_1] Revenue Secretary Sanjay Malhotra has said that the government is committed to simplifying the Income-tax Act and the “comprehensive review” being undertaken may see a possible move in favour of a new tax code. The form and shape that it will take would be decided in the due course. In an interview with Aanchal […]
Rethinking corporate taxation after the passage of the book Income Tax
[ad_1] The new minimum tax on income that very large corporations report to their shareholders is the revenue focus of the recently enacted Inflation Reduction Act (IRA). But the levy more than promises to raise more than $200 billion in new revenue. It also raises profound questions about the nature of corporate accounting and tax […]
Everything you wanted to know about Taxation of Life Insurance Policies
[ad_1] It is a good idea to secure the future of your family by buying a life insurance policy. However, it pays to know the tax implications as life insurance is a long-term commitment. After all, you don’t want taxes spoiling your policy return, do you? This article will share the tax treatment of different […]
Taxation law in India – Notes
Click here to read a detailed note on PAN axation is a well known term in our society. We all directly or indirectly pays taxes in our daily life. Some universities teaches Taxation law or Principles of Taxation Law in 6th Semester of LL.B courses. But it is difficult to find a note on Indian […]